Deepak Nitrite announced a steady growth in standalone net profit for the quarter ended December 2015. During the quarter, the profit of the company rose 11.34% to Rs 164.53 million from Rs 147.77 million in the same quarter last year.
Revenues for the quarter declined 5.71% to Rs 3,186.70 million, compared with Rs 3,379.78 million for the prior year period.
Operating margin for the quarter stood at 9.84 percent as compared to 9.18 percent for the previous year period. Operating Income for the quarter was Rs 313.56 million, compared with Rs 310.243 million in the previous year period.
Earnings per share for the quarter stood at Rs 1.57, registering 11.35% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Dec - 15 | Dec - 14 | %Change |
| Revenues | 3,186.71 | 3,379.78 | (5.71) |
| Net Profit | 164.53 | 147.77 | 11.34 |
| Diluted EPS | 1.57 | 1.41 | 11.35 |
Shares of the company gained Rs 1.15, or 1.73%, to settle at Rs 67.45. The total volume of shares traded was 34,047 at the BSE (Friday).
